August 19, 2008
real land
What are the best sites for researching real estate / land investment opportunities?
Interested in investing in land for later development, just curious where the best places are to look for impartial advice and so on..
Many thanks!
is to look for a fertile land
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Arkansas Land Foreclosure Sale AR Real Estate NR 532hc
$680.00 |
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48 Acres GOLF FRONT LAND For Sale Property Real Estate
$240,000.00 |
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CALIFORNIA LAND MOJAVE REAL ESTATE LG LOT NO RESERVE !!
$127.50 |
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NEW YORK REAL ESTATE; 5+ acres NY LAND / FINANCING !!
$99.00 |
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Land lot Texas real estate vacant Tx
$86.00 |
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NEW YORK REAL ESTATE; 5+ acres NY LAND / FINANCING!!
$99.00 |
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real estate, land
$2,900.00 |
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Land, Small acreage, Real Estate
$60,500.00 |
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SOUTHEAST MISSOURI REAL ESTATE PROPERTY LAND
$125,000.00 |
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2.5 acres Palmdale, CA. Los Angeles land real estate NR
$9,000.00 |
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5 ACRE RIO GRANDE RANCHOS COLORADO LAND REAL ESTATE
$7,995.00 |
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Chattanooga Real Estate Land Acreage
$499,000.00 |
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Authentic Crown of Thorns- Real Life Size
$49.95 This authentic Crown Of Thorns is used for Passion Plays or as a centerpiece for your Church for lent. The crown of thorns is a symbolic reminder of the suffering Jesus endured to redeem his people. A constant reminder of the promises Christ made to Christians around the world. This authentic replica of the crown of thorns has been known to the region of many years. Its scientific name is Euphorbi... |
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Amitabha Buddha of Light, Real Bronze Powder Cast Statue 10-inch
$86.99 Measuring 10 inches tall, this magnificent statue is a superb representation of Buddha Amitabha, meaning "Fully Conscious Infinite Light". He is the principal Buddha in the Pure Land, a school of Buddhism mainly practiced in East Asia. Made with cold cast bronze, individually polished and antiqued, the definition and the intricate details of this piece are simply breathtaking. The hand painted acc... |
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Our Blue Jersey Bedding is a real throwback. Clean, classic look never goes out of style. It's 100% cotton and even machine washable.
Our Blue Jersey Bedding is a real throwback. Clean, classic look never goes out of style. It's 100% cotton and even machine washable.... |
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Land of Forever
$10.70 ... |
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Lotus Land
$11.14 Music being played from the very depth of the heart sometimes reflects a glimpse of the secret paradise within all of us, the boundless and eternal Lotus Land.... |
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Real Wheels: Land, Air and Sea Adventures
$4.77 Features three types of fast vehicles.... |
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When Dinosaurs Ruled: Ground Zero, The Real Jurassic Park, The Land That Time Forgot [3 VHS Videos]
1) GROUND ZERO: an account of the centuries-long search for evidence of the existence, habitats, and attributes of dinosaurs -- with a focus on the places where the earliest fossil evidence has been discovered and how the first dinosaurs are thought to have lived and evolved. 2) THE REAL JURASSIC PARK: looks at the giant creatures who roamed all areas of the earth, and whose sudden disappearance r... |
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RocknRolla (Single-Disc Edition)
$3.96 Writer/director Guy Ritchie bounces back from the subpar Revolver with RocknRolla, proof that all rapidly edited, tough-talking, plot-twisting gangster movies are not the same. Two low-level hoods (Gerard Butler of 300 and Idris Elba from The Wire) try to get into real estate, only to run afoul of a much bigger crook (Tom Wilkinson, Michael Clayton)--who, thanks to the machinations of a bored acco... |
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Pom Poko
$20.99 Isao Takahata's outré ecological fable Pom Poko was the no. 1 domestic film in Japan in 1994, and the first animated feature to be submitted for the Oscar for Foreign Language Film. In 1967, the raccoons in the Tama Hills find their homes are threatened with destruction when developers turn the rural area into suburbs. Under the leadership of their tribal elders the animals fight back with every... |
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RocknRolla (Special Edition)
$16.70 Writer/director Guy Ritchie bounces back from the subpar Revolver with RocknRolla, proof that all rapidly edited, tough-talking, plot-twisting gangster movies are not the same. Two low-level hoods (Gerard Butler of 300 and Idris Elba from The Wire) try to get into real estate, only to run afoul of a much bigger crook (Tom Wilkinson, Michael Clayton)--who, thanks to the machinations of a bored acco... |
USING LAND CONTRACTS TO GET RICH
What is a land contract or contract for deed?
A contract used in a sale of real property whereby title to the property remains vested in the seller until the buyer who receives the right to possession has paid in installments over a long period of time a preset amount or all of the purchase price and upon default by the buyer all payments may be forfeited. Also known as a Conditional sales contract, an Installment sales contract and a Real property sales contract.
I’ve used land contracts to buy apartment buildings, single family homes and land. I do recommend buying real estate on land contracts but not selling on them. Using a land contract allows you to use leverage when you are buying a piece of real estate. This strategy gives you time to come up with the rest of the money needed to pay for the property, since normally you’d only have to come up with 10-20% down and most land contract transactions don’t require a person to have good credit.
If you decide to sell property on a land contract, beware of the fact that if the buyer does not honor his end of the deal, you will have to foreclose on them. This will NOT be a simple eviction out of the property. This is because, when you’re doing a land contract, you are giving the buyer equitable title. As the buyer makes payments, he actually owns equity in your property, thus requiring you to foreclose in order to legally separate them from the equity that they have paid for. Not a good strategy for selling, unless it’s a property that you simply can’t sell to anyone, for some reason.
It is important to note that a land contract is really a mortgage on the property. It’s a seller-financed mortgage, which can be refinanced, just like a regular mortgage. Land contracts these days are for much shorter terms than in past decades. The average term for a land contract is anywhere from 2-5 years with a low interest rate, but is totally up to the parties involved. I always go for the longest possible term. This give time to get the property, make improvements and decide if I want to refinance or flip.
Here’s one of my past deals. I bought small apartment building from a worn out landlord using a land contract. I negotiated the purchase price to $500,000, the down payment down to $1,000 just enough to bind the contract and because of all of the work I had to do to get the building running properly. If someone didn’t step in to turn things around, the seller would have been foreclosed on soon. Fixed up the units by using the proceeds from the few tenants that were paying. Moved several new tenants into the rehabbed units, stabilized the rents then sold the building to another investor for $700,000.
I was able to get control of the property with almost no money out of pocket, use the collectable rents to fix up the building and sell because of the flexible financing terms of a land contract.
CAUTION!
You have to be very careful when drafting or signing a land contract.
About the Author:
I’m a seasoned real estate investor and licensed Realtor, with years of experience transacting commercial and residential real estate deals.
For more free tips, inside secrets and free real estate training on audio Cd visit: http://RealEstate-Ninja.com
Article Source: ArticlesBase.com – Using Land Contracts to Get Rich
TRYING TO LAND DELTA 191 IN A SIMULATOR (THE REAL FLIGHT 191 CRASHED IN DALLAS ON AUGUST 2, 1985)
Filed under Real Estate by realinvesting



